2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Germany-Romania Trade: In 2022, Germany exported $16.4B to Romania. The main products that Germany exported to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($1.47B), Integrated Circuits ($1.11B), and Cars ($951M). Over the past 5 years the exports of Germany to Romania have increased at an annualized rate of 56.6%, from $1.75B in 2017 to $16.4B in 2022.

In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

Romania-Germany Trade: In 2022, Romania exported $16.1B to Germany. The main products that Romania exported to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.26B), Electrical Control Boards ($1.5B), and Insulated Wire ($1.38B). Over the past 5 years the exports of Romania to Germany have increased at an annualized rate of 60.3%,  from $1.52B in 2017 to $16.1B in 2022.

In 2020, Romania exported services to Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $16.4B to Romania. The main products exported from Germany to Romania were Motor vehicles; parts and accessories (8701 to 8705) ($1.47B), Integrated Circuits ($1.11B), and Cars ($951M). During the last 5 years the exports of Germany to Romania have increased at an annualized rate of 56.6%, from $1.75B in 2017 to $16.4B in 2022.

In 2017, Romania exported $16.1B to Germany. The main products exported from Romania to Germany were Motor vehicles; parts and accessories (8701 to 8705) ($3.26B), Electrical Control Boards ($1.5B), and Insulated Wire ($1.38B). During the last 22 years the exports of Romania to Germany have increased at an annualized rate of 60.3%, from $1.52B in 1995 to $16.1B in 2017.

Exports from Germany (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Romania
Top Destination
Germany$18.8B

This map shows whether countries import more from Germany or Romania. Each country is colored based on the difference in imports they receive from Germany and Romania or the difference in the growth in imports.

In 2022, countries that imported more from Germany than Romania included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Romania than Germany included Moldova ($2.14B), Jordan ($1.03B), and Gibraltar ($244M).

Difference in imports from Romania (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Romania

Flow
Scale

This chart compares trade between Germany and Romania by product, considering products traded by both, Germany and Romania.

During 2022, Germany had a large net trade with Romania in the exports of Machines ($7.72B), Transportation ($3.15B), and Chemical Products ($2.23B).

During 2017, Romania had a large net trade with Germany in the exports of Machines ($7.74B), Transportation ($4.56B), and Metals ($1.62B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Romania+$268MCars
Top Product Potential Romania Germany+$451MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Germany exported services to Romania worth $1.8B, with Other business services ($922M), Transportation ($395M), and Computer and information services ($239M) being the largest in terms of value.

In 2020, Romania exported services to Germany worth $4.3B, with Computer and information services ($1.38B), Transportation ($1.29B), and Other business services ($1.18B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to Romania (Flag) (2020)

Services Exports from Romania (Flag) to Germany (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Romania. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Romania (Flag) (2022)

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